Multiple Choice
Which of the following is NOT part of M1 but is included in M2?
A) currency
B) small-denomination certificates of deposits
C) traveler's checks
D) cash
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q85: Which of the following statements is NOT
Q86: A system in which depository institutions hold
Q87: Transaction deposits<br>A) are deposits in a banking
Q88: The reserve ratio is 10 percent. After
Q89: Which of the following is included in
Q91: Two people are involved in a borrower/lender
Q92: Which of the following statements is correct?
Q93: Money functions as<br>A) a store of value.<br>B)
Q94: In a fractional reserve banking system<br>A) banks
Q95: Deposits held by Federal Reserve district banks